Sector: Technology | Industry: Software |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1100 Page Mill Rd PALO ALTO CA 94304-1047 |
Tel: | N/A |
Website: | https://www.applovin.com |
IR: | See website |
Key People | ||
Adam Foroughi Chairman of the Board, Chief Executive Officer, Co-Founder | Matt Stumpf Chief Financial Officer | Vasily Shikin Chief Technology Officer |
Dmitriy Dorosh Principal Accounting Officer | Katie Kihorany Jansen Chief Marketing Officer | Victoria Valenzuela Chief Legal Officer, Corporate Secretary |
Business Overview |
AppLovin Corporation provides application technology platform, AppLovin. The Company operates through two segments: Software Platform, and Apps. Its Software Platform is primarily made up of four key solutions, such as AppDiscovery, MAX, Adjust, and Wurl. AppDiscovery is powered by AXON, its AI-powered advertising engine, and matches advertiser demand with publisher supply through auctions at vast scale and at microsecond-level speeds. MAX is a monetization solution, utilizing an advanced in-app bidding technology that optimizes the value of a publishers advertising inventory by running a real-time competitive auction. Adjust is a measurement and analytics marketing platform which provides marketers with the visibility, insights, and data needed to scale their apps marketing results. Wurl is connected TV (CTV) platform that both distributes streaming video for content companies and provides advanced advertising and publishing solutions to attract viewers and maximize revenue. |
Financial Overview |
For the three months ended 31 March 2024, Applovin Corp revenues increased 48% to $1.06B. Net income applicable to common stockholders totaled $234.7M vs. loss of $4.5M. Revenues reflect Software Platform segment increase of 91% to $678.4M, Apps segment increase of 5% to $379.7M, United States segment increase of 44% to $634.6M, Rest of the World segment increase of 53% to $423.5M. |
Employees: | 1,717 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $31,506M as of Mar 31, 2024 |
Annual revenue (TTM): | $3,626M as of Mar 31, 2024 |
EBITDA (TTM): | $1,404M as of Mar 31, 2024 |
Net annual income (TTM): | $594.17M as of Mar 31, 2024 |
Free cash flow (TTM): | $1,164M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $3,089M as of Mar 31, 2024 |
Shares outstanding: | 329,013,668 as of May 3, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |